His Highness the Chairman of the Board of Directors of stc and the CEO Congratulate His Highness the Crown Prince on the Occasion of the Third Anniversary of his Ascension

His Highness the Chairman of the Board of Directors of stc and the CEO Congratulate His Highness the Crown Prince on the Occasion of the Third Anniversary of his Ascension

His Royal Highness Prince Mohammed bin Khaled Al-Abdullah Al-Faisal, Chairman of the Board of Directors, and Eng. Nasser bin Sulaiman Al Nasser, CEO of stc Group, conveyed their utomost congratulations and blessings to the wise leadership and the honorable Saudi people on the occasion of the third anniversary of the pledge of allegiance to His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister, and Minister of Defense.
Prince Mohammed bin Khaled Al-Abdullah Al-Faisal stressed that the prestigious position that the Kingdom of Saudi Arabia has reached today in all fields is the fruit of the Kingdom's ambitious Vision 2030 and a reflection of a path full of giving, reform and achievement led by his Royal Highness Prince Mohammed bin Salman, since he assumed the position of Crown Prince in 1438 AH/2017 AD. Saudis and the whole world witnessed the qualitative and comprehensive reforms in the economic, political, cultural and social fields that Prince Muhammad has succeeded in accomplishing so far in addition to the pioneering future projects that put the Kingdom on the map of global investments, and perhaps the Kingdom’s presidency of the G20 Summit, that encompasses the countries with the most powerful economies, during the current year, and the completion of the offering of Aramco’s subscription as the largest throughout history, as well as the Kingdom’s hosting of many global events, and the launch of tourist seasons in various regions of the Kingdom, in addition to the remarkable interaction that these seasons witnessed made the Kingdom a local, regional and global tourist destination, all of which is the best evidence of the success of the programs of this national vision in diversifying sources of national income and enhancing local content. His Highness also referred to the positive interaction and wise management of the Kingdom of Saudi Arabia, its government and people during the Corona pandemic, which was an example to be followed globally, indicating that stc harnessed all its capabilities to perform its national mission as a leading digital enabler for various government and private sectors despite the significant growth in the network and the doubling of the movement on educational, health, security and entertainment platforms, putting value on the role of the Ministry of Communications and Information Technology, the Communications and Information Technology Commission, and the role of relevant government agencies in the successful management of this pandemic.
Prince Mohammed expressed the pride of the stc family in the place that the telecommunications sector in general and stc company in particular have reached in line with the goals of the Kingdom's Vision 2030 as drafted by His Highness the Crown Prince, especially in the field of digital transformation, which is led by the company and contributed to the Kingdom's tenth place in the world in internet speed, making a quantum leap in the past three years, in addition to being chosen among the 50 best digital companies globally, ranking first in the Middle East, according to the prestigious Forbes global magazine.
For his part, the CEO of stc group, Eng. Nasser bin Sulaiman Al Nasser, explained that the third anniversary of the pledge of allegiance to the Crown Prince, His Royal Highness Prince Mohammad bin Salman, comes at a historical stage for the path of development, construction and prosperity of the Kingdom of Saudi Arabia, led by His Highness. He pointed out that it is an occasion that has a special place among all Saudi men and women of all ages and specialties, especially as they witness the leaps that the Kingdom of Saudi Arabia has achieved in the past three years in various fields, specifically in the communications and information technology sector, which today is the lifeblood of societies that live through comprehensive digital transformations in their lifestyle. Al Nasser added: "The kingdom today occupies an advanced position in internet speeds, which is reflected in the increase in the speed of the internet in stc to seven times its previous speed, in addition to the number of houses equipped with optical fibers doubling to 3 million homes and the Kingdom's rank as second in the list of countries of the G20 for the total allocation of identified frequency bands globally for the provision of mobile telecommunications services."
He pointed out that the qualitative leap of the digital infrastructure that the Kingdom and its communications sector reached under the guidance and leadership of His Highness the Crown Prince contributed effectively to the Kingdom's containment of the repercussions of the Corona crisis that affected the economies of all countries of the world, where we contributed as a group to provide many digital initiatives that supported precautionary measures approved by the state.
Al Nasser stressed that stc is continuing to achieve its commitment according to the goals set by Vision 2030 under the aegis of Prince Mohammad bin Salman, in achieving the digital transformation in the Kingdom and empowering various sectors digitally, expressing his pride in the company's contribution to holding the first virtual summit of the G20 countries, indicating that Saudi Arabia is the digital enabler for the summit. The company will also continue to enhance local content, with the company’s contribution to it, during the past years has reached 4 billion, in addition to supporting local content leadership projects by supporting entrepreneur projects and the Inspirio Incubator as a model. Al Nasser concluded by saying: "We are proud that we are celebrating today the third anniversary of the pledge of allegiance to His Highness the Crown Prince, and we are filed with hope and certainty that we will accomplish more achievements for our beloved homeland.